A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.
University venturing fund Oxford Sciences Innovation has added an additional $290m to its assets as spinout Oxford Nanopore attracts another $126m in funding.
BlueRock Therapeutics generates $225m series A
Bayer Lifescience Center joined Versant Ventures to launch BlueRock, a Kyoto spinout that will develop stem cell treatments for cardiovascular diseases and neurodegenerative disorders.
Global Brain dreams up $175m fund
Several universities are among the limited partners for the venture firm’s latest fund, which is expected to close at $175m.
Oxford Nanopore sequences $126m investment
The spinout has raised additional funding after announcing earlier this month that it had become the first company to sequence multiple human genomes using portable technology.
Cell Design Labs engineers $34m round
The biotherapeutics developer, a UCSF spinout, raised funds from backers like cancer immunotherapy developer Kite Pharma, a UCLA spinout.
Vesper sounds out corporates for $15m series A
Michigan spinout Vesper’s investors include Amazon’s Alexa Fund, AAC Technologies, Mirae Nano Tech and XinGang Electronics.
Boatsetter anchors $13m series A
Stanford’s Daper Fund has contributed to a series A round for Boatsetter, which will use the money to increase its sales and marketing activities.
IP Group takes Parkwalk for $12m
The intellectual property investor could pay an extra $12m to buy Parkwalk if the spinout-focused fund manager meets certain key targets.
ApoGen applies itself to $7m series A
Washington Research Foundation and Arch Venture Partners are among the investors in the genomic cancer treatment spinout of Minnesota University.
KIT soothes Amcure with $6m series B
Karlsruhe Institute of Technology, which spun out Amcure in 2012, has participated in a round led by LBBW Venture Capital.
Maryland names Lenzer associate VP
A software entrepreneur and former advisor to US Secretary of Commerce Penny Pritzker, Lenzer will also direct the university’s tech transfer office.
Deal net: 12 – 16 December 2016
The Global University Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
